Strike integrated Lightning with Point of Sale Giant Clover

Strike integrated Lightning with Point of Sale Giant Clover

The Bitcoin payment and wallet company Strike has teamed up with the FinTech giant Fiserv to integrate Bitcoin's Lightning network with the point-of-sale-term provider Clover.

This will enable certain clover retailers to accept flash payments, which extends Bitcoin's application as a medium.

dollar about lightning

as Explains by Jack Mallers, CEO von Strike, on Thursday via Twitter, enables the integration clover to accept "cash-final" USD via Lightning. The service of Strike converts Bitcoin payments into the currency of choice of dealer in the backend, so that dealers can accept alternative forms of payment such as Bitcoin.

"The strike does not integrate. The integrated Lightning," made Mallers clear in his tweet. "Everyone can use every service to go to the cash register for every activated dealer. If you can pay a Lightning payment, you can use it."

Strike is a depot platform that offers Bitcoin users different functions, including the option of maintaining its content in Bitcoin or interacting with the Lightning network. However, the efforts of strike enable alternative lightning wallets, including cashap and muun wallet to work with clover.

However, not all clover dealers have been activated. Thursday marked the beginning of a 90-day pilot phase, in which Strike will measure the costs and handling speeds of the new Lightning-based system compared to other networks as well as all new shops that attract lightning.

After the pilot project, strike will try to integrate clover directly via his app store.

"This would enable Lightning as an accepted payment network for all clover dealers and sit in addition to map networks such as Visa and MasterCard," he said.

Mallers is a loud supporter of the Lightning network from Bitcoin as superior payment network In an interview with Yahoo Finance last year, he called it cheaper, faster, global, integrative and innovative than his competitors and argued that it could interact with dollars as well as BTC.

strike big mission

on the Bitcoin 2022 last year in Miami, Mallers uncovered that strike had put on with shopify, blackhawk and nc To integrate for traders in the United States, similar to Clover. This would enable flash payments from several leading American retailers, including McDonald’s, Walmart and Macy’s.

While Mallers originally promised to be fully implemented by 2022, he published a blog post at the end of December in which he admitted that his schedules for the integrations had expired.

"These partnerships and developments are huge and they will just take a little longer than I originally thought," he wrote.

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